Elm Street PartnersA rendering of the new life science lab building approved to be built at 23 Elm St. The building to the right is the Residence Inn by Marriott hotel. Months after it first appeared before the Zoning Board of Appeal, a three story life science lab building at 23 Elm Street got approval to be constructed on Wednesday night. The proposal first came before the ZBA in February, at a meeting where board members expressed their concerns about the amount of parking for the then 78,000 sq. ft.
The Watertown Mall — home to Target, the RMV and Best Buy — could soon be sold to a developer looking to create life science lab space, according to a Boston Globe article. The potential deal involved a sale by owners Rosen Associates Management Corp. to Alexandria Real Estate Equities, which also owns the Arsenal on the Charles and the former Mount Auburn Club. The sales price of the 18-acre-site on Arsenal Street is reportedly $125 million, according to the Globe. The property lies in the Regional Mixed Use District (RMUD) zone in East Watertown, which allows for taller buildings (up to five stories) and more dense development (75 percent building coverage) than most areas of town.
Plans to turn the former Tufts Health Plan building into biotech lab and office space was approved by the Zoning Board of Appeals. The Zoning Board of Appeals approved the project that will renovate and add on to the former Tufts Health Care building on Mt. Auburn Street on Wednesday night. The new owners, Spear Street Capital, wants to turn the area into life science office and lab space. Plans include renovating the interior of the main building, adding a small building on the back and renovating on the property near Grove Street.
Building 1 is one of the new additions to the Arsenal on the Charles proposed to be built by the new owners. The following information was provided by Alexandria Real Estate Equities:
Please join Alexandria Real Estate Equities, Inc. (ARE) for a review and discussion on conceptual plans for the Arsenal on the Charles (AOTC) campus, which ARE purchased from Athena Arsenal, LLC in late 2019. The purpose of these meetings will be to present and discuss ARE’s proposed plans to redevelop AOTC into a collaborative and innovative campus including life science, office, retail, and community uses, as well as publicly accessible open spaces and streetscape improvements. Discussion will highlight the changes from Athena Arsenal LLC’s previously approved Campus Master Plan Special Permit and Site Plan Review (PB-2016-01) as well as conceptual designs for the new buildings and the associated public realm including pedestrian and bicycle connectivity tothe adjacent neighborhoods. (note: postings will be available online prior to the first meeting)
An overhead view of Arsenal on the Charles, showing the proposed new additions: Building 1, Building 2, the Connector and Site D.
We will be hosting two community information meetings: one on February 3rd, and the other on March 11th.
An online community meeting to discuss the plans for the Tufts Health Plan property will be held on Dec. 21. The developers who are renovating the facility sent out the following information:
Tufts Health Plan recently sold 705 Mt. Auburn Street and 64 Grove Street to 705 Mount Auburn LLC and 64 Grove LLC. Accordingly, the new project team would like to invite you to attend a virtual meeting on Monday, December 21st at 6:30pm to formally introduce itself and present its improvement plans.
The areas on Galen Street proposed to become life science lab space. In February, the orange area was rezoned from Limited Business to Industrial 2, the same as the grey area. The developers of a project at the former Colonial Buick GMC dealer on Galen Street will be discussing plans for the site at a pair of virtual community meetings. Developers seek to build life science lab space with some publicly accessible open space on the land, which sits next to the MBTA’s Watertown Yard bus stop. The rezoning of the area became a topic of heated discussion by both residents and the Town Council earlier this year.
A rendering of the proposed lab/office/retail building at 202 Arsenal St. The developers of 202 Arsenal Street will discuss their change of plans for the property from retail to mixed use, with lab, office and retail. Cresset WS Venture will host the online meeting on Tuesday, Sept. 15, 2020, from 6:30 p.m. to 8 p.m. (see how to participate below). The property is located between to major Arsenal Street apartment building complexes: Elan Union Market and The Gables.
The developers of the former Sterritt Lumber site announced that they have changed the proposed project for the site on Waltham Street. The company sent out the following announcement:
Long-time Boston area, real estate developer Nordblom Company, has withdrawn its comprehensive permit for residential and instead plans to build a new commercial/light-industrial building at 148 Waltham Street. Nordblom purchased the land – the former home of F. D. Sterritt Lumber Company in 2019 and initially proposed a residential building. After the Town said apartments would not be welcomed at this location, Nordblom began investigating the next best use for the site. The proposed 1-2 story commercial building would be much smaller than the initial residential building.